Senate Approves Buhari’s N16.3 Trillion MTEF For 2022
The Senate has approved President Muhammadu Buhari’s revised submission of the 2022-2024 Medium Term Expenditure Framework, MTEF. The red chamber, in its recommendation approved the aggregate expenditure of N16.39 trillion from the previous N13.98 trillion for the 2022 fiscal year. It also endorsed the retention of N10.3 trillion revenue and N635.4 billion fiscal deficit. These…